Description

C-RAN (Cloud RAN) market is projected to witness a compound
annual growth rate of 13.71% over the forecast period to grow to US$997.456
million in 2023, from US$461.463 million in 2017. C-RAN refers to a highly
advanced cellular network architecture for mobile network infrastructure that
meets wireless communication benchmarks and also supports 2G, 3G, and 4G
technologies. As compared to traditional cellular network systems, C-RAN
doesn’t require RF (radio frequency) equipment, antenna, BTS (baseband unit) and
a digital processor to be deployed. Major advantages of adopting C-RAN
solutions are a reduction in site rental expenses, lower operational and
maintenance cost of the network, and lesser energy consumption. Improved
spectrum efficiency, a considerable reduction in the number of base station
sites, better load-balancing capability, efficient operations, agility, and
reliability are the major factors accelerating the market growth. Growing
demand for C-RAN architecture can also be attributed to the growing mobile
traffic, easy availability of low priced products and rising demand for quality
mobile data services. However, major challenges being faced by the C-RAN
vendors include huge initial investments and lack of availability of ample
fiber resources.

This research study examines the current market trends
related to the demand, supply, and sales, in addition to the recent
developments. Major drivers, restraints, and opportunities have been covered to
provide an exhaustive picture of the market. The analysis presents in-depth
information regarding the development, trends, and industry policies and
regulations implemented in each of the geographical regions. Further, the
overall regulatory framework of the market has been exhaustively covered to
offer stakeholders a better understanding of the key factors affecting the
overall market environment.

Identification of key industry players in the industry and
their revenue contribution to the overall business or relevant segment aligned
to the study have been covered as a part of competitive intelligence done
through extensive secondary research. Various studies and data published by
industry associations, analyst reports, investor presentations, press releases
and journals among others have been taken into consideration while conducting
the secondary research. Both bottom-up and top down approaches have been
utilized to determine the market size of the overall market and key segments.
The values obtained are correlated with the primary inputs of the key stakeholders
in the C-RAN value chain. Last step involves complete market engineering which
includes analyzing the data from different sources and existing proprietary
datasets while using various data triangulation methods for market breakdown
and forecasting.

Market intelligence is presented in the form of analysis,
charts, and graphics to help the clients in gaining faster and efficient
understanding of the market.

Major industry players profiled as part of the report are
Nokia Corporation, ZTE Corporation, Cisco Systems, NEC Corporation, Intel
Corporation, and Ceragon Networks among others.